Preliminary review of the Budget in October 2018

Spring Statement 2018. More
Budget Statement in November 2017. More
Next Budget on Monday 29th October 2018
Chancellor Philip Hammond announced on 26th September that the Budget will take place on Monday 29th October 2018 when he is due to present his next Budget statement to the House of Commons setting out the Government's plan to build a stronger, more prosperous economy and building on the recent Spring Budget Statement 2018 and the Budget 2017.

What could we see of interest to classic car enthusiasts?
There may be yet more changes to stamp duty with increases for non UK based buyers of properties in the UK and possibly an end to the fuel duty freeze - see our recent news item on concerns over fuel duty increases. More

Holding the budget statement on a Monday is unusual but it is expected to start at 12.30pm and as usual we will have a prompt report on the statement and the measures announced of interest to classic motoring enthusiasts posted here within an hour or so of the Chancellor sitting down in the House of Commons.

See press views on the Budget Statement. Independent newspaper
See the GOV.UK website announcement. More
See a guide to Budget statement buzzwords. More

NEWS update: Theresa May confirms the fuel duty freeze will continue. More 181003
NEWS update: will the Chancellor be tempted to increase IPT for a fourth time? More 181016
Posted: 180930 & update: 181003
V8 Register - MG Car Club - the leading group for MG V8 enthusiasts at www.v8register.net